Facebook to Build Us$1.4 Billion Data Centre in Singapore

Photo by Facebook According to a report by Channel NewsAsia (CNA), social media company Facebook is to construct an 11-storey data centre in Singapore with a capital investment of US$1.4 billion. Located at Tanjong Kling, the data centre will feature a total area of 170,000 square metres and create hundreds of construction and many other types of jobs. According to the same source, the fi...

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Cambodian Government to Construct Another Multi-million Stadium

In a bid to promote the sports sector, the Cambodian government has announced plans to build another multi-million dollar sports stadium located Serey Sophorn City, Banteay Meanchey Province, according to government news agency Agence Kampuchea Presse (AKP). During the first phase of construction, the complex will cover 5.5 hectares of land while the next phase will cover 13 hectares and in the...

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World Bank to Grant US$50m for Development Projects in Cambodia

Photo by Sheladia Associates, Inc. Senior Cambodian government officials have confirmed that the World Bank plans to grant US$50 million to Cambodia for development projects of which US$20 million is for a water and drainage system project in Siem Reap Province. Mr Ken Rotha, Deputy Director of the Department of Public Works said that he is positive that World Bank will grant the loan and th...

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Chip Mong Breaks Ground on 271 Mega Mall

Chip Mong Retail, a subsidiary of Cambodian conglomerate Chip Mong Group, held a groundbreaking ceremony on 30 August for its first-ever world-class shopping center Chip Mong 271 Mega Mall located along Yothapol Khemarak Phoumin Blvd (271). The 271 Mega Mall covers a total area of 160,000 square meters (about 16 hectares) offering a mix of different lifestyle brands, products, services, as well...

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Malaysian PM Pulls the Country Back From Infrastructure Plans With China

Photo by World Economic Forum Malaysian Prime Minister Mahathir Mohamad continues to indicate his plans to abandon the multi-billion dollar Chinese-sponsored infrastructure program agreed to by previous PM Najib Razak. PM Mahathir has already suspended almost US$25 billion of Chinese projects including the $20 billion East Coast Rail Link and two huge petroleum pipeline projects. His rati...

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Maruhan Group inks construction deal with Lotte E & C

Japan-based entertainment conglomerate Maruhan Group has signed a contract with Lotte Engineering & Construction Co., Ltd (Lotte E & C) for the construction of Sathapana Bank Plc’s new head office. On 29 August 2018, Maruhan Investment (Cambodia) Co., Ltd, subsidiary of Maruhan Group (owner of Sathapana Bank Plc) signed a contract agreement with Lotte E & C for the 22-storey, 103-me...

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Minister Requests Support for Flyover in Stung Bot

Sample photo by Wikimedia Commons In a bid to ease traffic around the Stung Bot border checkpoint, H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport (MPWT) has asked Japan to support the construction of a flyover at the Stung Bot intersection. Therequest was made during a meeting between H.E. Sun Chanthol and the Japan International Cooperation Agency (JICA) missi...

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Government Approved Chinese Mega Development Project Along the Riverside

The Council for the Development of Cambodia (CDC) has approved the investment project located along the Tonle Sap River that was requested by Chinese real estate developer, Chean Chhoeng Thai Group, a subsidiary of Yuetai Group. Called “The City Gate” mega commercial complex, the investment project will cost Chean Chhoeng Thai Group US$531.6 million and can create additional 21,684 jobs for the...

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EDI Port Project Set to Finish by 2021

The project for the Electronic Data Interchange(EDI) system for ports in Cambodia is set to be operational by 2021, according to Dr Masahiko Furuichi from the Japan International Cooperation Agency (JICA) mission team. In a meeting with Senior Minister and Minister of Public Works and Transport (MPWT) H.E. Sun Chanthol on 27 August, Dr Masahiko Furuichi said that the Japan-funded port EDI proje...

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SCG Contractor Matching Platform to Improve Construction Industry

Cement and building material company Siam Cement Group (SCG) has launched a construction matching platform to improve construction industry standards in Cambodia. Called SCG Contractor Matching Services, the platform allows homeowners and developers to find the right contractors and building materials for their project. Once customers register with the programme, the company will search for qua...

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